Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified A Schulman (SHLM) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified A Schulman as such a stock due to the following factors:
- SHLM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $7.7 million.
- SHLM has traded 8,945 shares today.
- SHLM is trading at a new lifetime high.
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More details on SHLM:
A. Schulman, Inc. supplies plastic compounds and resins for packaging, automotive, consumer products, and industrial applications. The stock currently has a dividend yield of 2.1%. SHLM has a PE ratio of 39.2. Currently there is 1 analyst that rates A Schulman a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for A Schulman has been 142,400 shares per day over the past 30 days. A Schulman has a market cap of $1.1 billion and is part of the basic materials sector and chemicals industry. The stock has a beta of 1.71 and a short float of 2.1% with 3.29 days to cover. Shares are up 9.8% year-to-date as of the close of trading on Monday.
TheStreet Quant Ratings rates A Schulman as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full A Schulman Ratings Report.